Howard passed on re-signing with the Lakers and instead opted for the Rockets in a deal that still hadn't become official as of Wednesday night.

That was the first day transactions could be completed and contacts signed following the completion of the NBA's moratorium period. The Rockets were fined $150,000 by the league on Tuesday for premature comments about Howard on TV and in social media.

The rest of the league waited until rules allowed Wednesday.

The Clippers held a news conference for Paul, the three new players and the re-signed Matt Barnes and Ryan Hollins.

Bynum, who was part of the four-team trade that sent Howard from Orlando to Los Angeles last summer, never played a game for Philadelphia because of knee problems. Cleveland has offered him a contract, and Dallas is weighing the risk.

Golden State gave Iguodala a four-year, $48 million deal last week. The Warriors cleared more than $24 million by sending Richard Jefferson, Andris Biedrins and Brandon Rush to Utah along with four draft picks and cash. Denver received guard Randy Foye from the Jazz.

Chris Andersen signed a $1.7 million, one-year deal to stay with Miami.